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Economy & Finance

Insight and Analysis of Construction Industry Trends

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Regional Markets

The 190,000 jobs lost in the U.S. in October was the second lowest number of declines since August 2008. After the latest revision, August 2009 was lower at -154,000. U.S. total job losses since January 2008 now amount to 7.3 million. The level of total employment is back to where it was in March 2004. The unemployment rate has shifted above the dreaded 10% level to settle at 10.2% for the moment, with the prospect of moving still higher over the next couple of months.

Broadly speaking, firms undertake three waves of job reductions from the beginning to the end of a recession due to: 1) initial panic; 2) trying to “hang on for dear life”; and 3) …

Economic Data Available from Reed Construction Data

Reed Market Fundamentals

Keep a pulse on your metropolitan market in a quarterly report covering five-year forecasts of industry and economic performance. Each comprehensive market report contains written analysis of current metro trends including economic and demographic data, metro-level forecasts of new construction supply, demand, and vacancy rates, and a listing of major projects in the development pipeline.


CanaData Economic Snapshot

A collection of single page, easy-to-read charts and commentary that deliver timely construction market data and key economic indicators, including: changes in real GDP; Canadian and U.S. housing starts; office vacancies; inflation rates; interest rates; unemployment rates; and much more.

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